Executive Credit Manager

Cregger Company, a southeastern wholesale distributor of Plumbing, HVAC, and electrical products with 45 locations throughout North Carolina, South Carolina, and Georgia, is seeking an experienced credit manager to oversee and manage a regional segment of our operations. This individual must be versed in all phases of credit management including analyzing financials, opening new accounts, collections, and have knowledge of mechanic liens, bonds, guarantees, joint checks, and additional operational functions involved with credit management requirements. The receivable balance range is approximately 65 million a month, with a customer base of approximately five thousand across 45 locations.Responsibilities

• Oversees a team to ensure credit is extended to customers in accordance with company policies and procedures while implementing a streamlined process for credit evaluation and approval.
• Follow closely the course of aging accounts and determine action to be taken on delinquent accounts.
• Plan and maintain a program for the systematic follow-up and collections of accounts that are at risk of becoming bad debts based on overdue payments, customer financial instability, and other risk factors.
• Identify when to handle delinquent accounts in person to effectively recover debts and set up terms going forward.
• Maintain accurate records of all debt recovery efforts, including communication logs, payment agreements, legal proceedings.
• Assess when legal action is warranted based on the severity of the delinquency and the likelihood of successful recovery on accounts.
• Review lien filing report daily to protect and enforce bond and lien rights.
• Obtain and maintain a working knowledge of all local, state, and federal laws to ensure all debt recovery activities comply with regulations governing debt collection practices.

Qualifications:

• 5-10 years hands-on experience in credit and collections preferred
• Minimum of 5 years experience in the construction industry
• Bachelor's degree in Accounting or Business is a plus
• Excellent customer service - internal and external
• Strong computer software skills particularly with Microsoft Office, Excel, Teams, and Word, and ability to quickly learn the company's proprietary software
• Ability to suggest and implement process improvement recommendations

Benefits

• Bonus pay
• Paid Holiday
• PTO
• 401 K
• Employee Referral Program
• Health, Vision, and Dental
• Monday – Friday

Pay: 80k-100k